The Dogecoin network has seen a huge spike in activity, with the number of active addresses increasing by 400%, according to blockchain analysts.
Data from Santiment, shared by 'Ali Charts,' highlight the sharp increase in active addresses, reaching almost 395,000. This suggests renewed interest in Dogecoin, which may be related to increased development efforts or broader adoption.
The reasons for the jump remain unclear, but it marks a sharp contrast with the decreasing engagement observed in the previous months.
Between the end of December 2024 and February 2025, the price of Dogecoin experi
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